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Barclays calls on UK govt to address £1.5 bln gap for growth-stage climate tech

Carbon Pulse - Sat, 2024-07-27 00:42
UK bank Barclays has urged the government to plug the £1.5 billion funding gap for growth-stage climate technology companies, which it says is key to the country meeting its net-zero ambitions and scaling up the technologies to get there.
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ACX delists nature-based carbon credits contract, removes ratings

Carbon Pulse - Sat, 2024-07-27 00:17
AirCarbon Exchange (ACX) issued a notice it has delisted a nature-based carbon contract from its facilities, effective June 30.
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Article 6 for nature needed to drive regulation on biodiversity credits, expert says

Carbon Pulse - Fri, 2024-07-26 23:14
Establishing an international mechanism to regulate the trade of biodiversity credits globally is key to supporting government action and bolstering market uptake, the head of a biodiversity credit project developer said on Friday. 
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Profits up at BECCS developer Drax as it continues to await UK subsidy decision

Carbon Pulse - Fri, 2024-07-26 22:56
British power company Drax saw profits rise 37% in H1, as the bioenergy with carbon capture and storage (BECCS) developer continues to await a decision from the UK government on extending the subsidy regime.
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EU’s projected fuel price increase from ETS2 ‘optimistic’, refiners say

Carbon Pulse - Fri, 2024-07-26 22:38
Motorists should brace for higher fuel prices at the pump than initially foreseen when the EU fully applies its Emissions Trading Scheme (EU ETS) to road transport and heating fuels in 2027, the EU’s refiners association told Carbon Pulse in an exclusive interview.
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Ed Miliband: people must be persuaded of need for pylons near homes

The Guardian - Fri, 2024-07-26 22:36

Communities affected by construction of renewable energy infrastructure ‘have the right to see the benefits’

Labour will seek to persuade people living near proposed pylon routes and other renewable energy infrastructure that the developments are critical to bring down bills and tackle carbon emissions, the energy secretary said.

Ed Miliband promised to consider new benefits for communities affected by the construction of renewable energy infrastructure, and community ownership of the assets, which could include onshore windfarms and solar farms.

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-07-26 21:54
European carbon was set to record its first five-day gain in three weeks on Friday as prices moved higher in the wake of stronger natural gas and power markets though traders were unconvinced at the strength of the rally, and UK Allowances were poised to record a fourth weekly decline.
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Mangrove conservation efforts gaining traction, report finds

Carbon Pulse - Fri, 2024-07-26 21:25
Efforts to conserve mangroves are building momentum, but significant funding from insurance, philanthropy, and carbon is still needed to achieve international objectives, according to a report released Friday.
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Wildlife enthusiasts called on to help record dolphins and whales on UK coast

The Guardian - Fri, 2024-07-26 21:00

National Whale and Dolphin Watch organisers say data collected will help with research into marine mammals

Hundreds of wildlife enthusiasts are expected to gather along UK coastlines over the next 10 days to count and record whales and dolphins.

The National Whale and Dolphin Watch, taking place from 26 July to 4 August, is hosted by the Sea Watch Foundation and aims to get volunteers to observe and record sightings of the UK’s most impressive marine mammals.

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Scottish bog gets world heritage status

BBC - Fri, 2024-07-26 20:48
After an almost 40-year campaign, a little-known UK landscape has been awarded world heritage status.
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CN Markets: CEAs climb back to 90 yuan amid healthier volumes

Carbon Pulse - Fri, 2024-07-26 20:09
CO2 allowance prices in China’s carbon market climbed above the 90 yuan ($12.41) level again over the past week amid improved liquidity, as market continue to await news on the permit supply outlook.
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EU countries released 5 mln additional free EUAs in two weeks, data shows

Carbon Pulse - Fri, 2024-07-26 19:26
EU member states made scant progress in the annual issuance of free EUAs to industry over the last fortnight, with two countries adding just 5 million units to the total number of permits issued since the European Commission published its first report two weeks ago.
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Backpack-wearing dogs enlisted to rewild urban nature reserve in Lewes

The Guardian - Fri, 2024-07-26 19:25

Organisers hope dogs will mimic behaviour of wolves that in past would have helped disperse wildflower seeds

Backpack-wearing dogs are being enlisted to “act like wolves” to help rewild an urban nature reserve in the East Sussex town of Lewes.

Before wolves were persecuted to extinction in the UK in about 1760, they were known to roam large areas, typically covering 12 miles (20km) or more each night.

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Scottish estate with reforestation scheme up for sale amid criticism 

Carbon Pulse - Fri, 2024-07-26 18:12
A £12-million Scottish estate with a carbon project has been unexpectedly put up to sale amid criticisms of greenwashing. 
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Watchdog identifies endangered forest land in two Malaysian states listed for online sale

Carbon Pulse - Fri, 2024-07-26 17:50
Over 85,000 hectares of potentially endangered forests in two major Malaysian states are advertised for sale on online marketplaces, a rapid response report by climate watchdog Rimbawatch revealed Friday.
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Japanese shipping major invests in aquaculture venture, eyes blue carbon credits

Carbon Pulse - Fri, 2024-07-26 17:17
A Japanese shipping firm has invested in an aquaculture venture to create blue carbon credits and protect marine biodiversity through kelp bed restoration projects.
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Week in wildlife – in pictures: an escaped tortoise, friendly harvest mice and a giraffe on the move

The Guardian - Fri, 2024-07-26 17:00

The best of this week’s wildlife photographs from around the world

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China: still the world’s biggest emitter, but also an emerging force in climate diplomacy

The Conversation - Fri, 2024-07-26 16:50
Australia’s Chris Bowen was among a select group of ministers meeting in Wuhan, China this week to progress global climate negotiations. Here’s why China is taking climate so seriously. Xu Yi-chong, Professor of Governance and Public Policy, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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How will we solve the world’s water wars? An ancient Spanish court offers one answer | Roman Krznaric

The Guardian - Fri, 2024-07-26 16:00

From Los Angeles to Cairo, the global water crisis is escalating – but Valencia’s Tribunal de les Aigües could inspire a solution

Every Thursday at noon, outside the west door of Valencia’s cathedral, nine black-cloaked figures – one wearing a banded cap and with a ceremonial harpoon by their side – gather for their weekly meeting, as they have done for hundreds of years. This is the Tribunal de les Aigües (Tribunal of Waters) – a water court that may be the oldest institution of justice in Europe.

It may seem like a relic of the past, but in fact, in the midst of a global water crisis, the tribunal is more relevant than ever. We are a civilisation at risk of committing aquacide. Due to droughts caused by climate change, expanding industrial agriculture and growing urbanisation, one in every four people will be affected by water scarcity over coming decades, with cities from Los Angeles and Cairo to Melbourne and São Paulo facing acute shortages. Water conflicts are on the rise, both within and between nations – we are increasingly fighting over water rather than oil and land. Moreover, in countries such as the UK, private water companies are jacking up prices and siphoning off super-profits while dumping sewage in the rivers.

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Roots and refuge: the year’s best mangrove images – in pictures

The Guardian - Fri, 2024-07-26 16:00

From an unexpected glimpse of a silky anteater to a tagged terrapin, here is a selection of this year’s winning, runner-up and commended images from the 2024 Mangrove photography awards, run by the Mangrove Action Project

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